Disallowance being 50% of Foreign Travelling Expenses - the ...
Income Tax
October 20, 2018
Disallowance being 50% of Foreign Travelling Expenses - the lower authorities has admitted the genuineness of the expenses to the tune of 50% and the balance was disallowed on ad hoc basis - we are inclined to confirm the disallowance of total foreign travelling expenses to the tune of 25%.
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